BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%

BHP Group (BHP) announced that its iron ore production rose 2% year over year to 64.6 Mt in the first quarter of fiscal 2025 (ended Sept. 30, 2024). This was attributed to an increase in production at Western Australia Iron Ore (WAIO) following the commissioning of the Port Debottlenecking Project and completion of the South Flank ramp-up. Iron ore production at Samarco increased 4% in the quarter due to the early resumption of Pelletizing Plant No. 4. BHP's iron ore production guidance for fiscal 2025 rema ...